The Treasury today announced changes to the interest rates available on Kiwi Bonds, effective from 27 April 2023. The interest rates for the six-month, 12-month and 2-year Kiwi Bonds have increased to 4.75%, 5.00% and 4.75% respectively.
The Treasury announces the launch of a new 4.25% coupon 15 May 2034 nominal green bond. Given the timing of the launch, the Treasury also announces the cancellation of the tender scheduled for 17 November 2022.
The Government has today announced that Kainga Ora’s future financing requirements will be met by loans from New Zealand Debt Management (NZDM), rather than private markets. Further details on the changes are available here.
Further to today’s announcement from Minister of Finance Hon Grant Robertson and Climate Change Minister Hon James Shaw, New Zealand Debt Management is publishing the Framework setting out how the Government plans to finance or refinance climate and env